Cement News tagged under: Century Cement India
UltraTech boosts capacity and reports 3Q results22 October 2019, Published under Cement NewsUltraTech completed the acquisition of Century's cement business, with the Scheme of Demerger effective from 1 October 2019. With this acquisition, UltraTech's cement manufacturing capacity stands augmented to 117.4Mta, including its overseas capacity. This makes UltraTech the third-largest cement company in the world, outside of China. It is also the only company in the world to have a capacity of over 100Mta in a single country, outside of China. The quarter ended 30 September 2019 witn... |
Competition Commission of India imposes US$944m fine for cartelisation01 September 2016, Published under Cement NewsThe Competition Commission of India (CCI) has levied a fine of INR63.2bn (US$944m) on 10 cement companies whom it accuses of conspiring to fix prices in contravention of competition law. In addition, the Cement Manufacturers Association has been ordered to pay a INR7.3m fine. Of the 10 companies, four – Jaiprakash Associates, UltraTech, Ambuja Cements and ACC – will bear the brunt of the penalties, accounting for 76 per cent of the total fine. The other firms fined today are Lafarge, Cent... |
New order for ABB from Century Cement, India15 August 2012, Published under Cement NewsABB has won an order worth US$18m in India to design, engineer and supply integrated automation and modern electrification systems for Century Cement’s Manikgarh Cement plant in central India. Manikgarh Cement is located in the state of Maharastra, in central India, and provides high quality cement products for building construction, road and bridge infrastructure and other commercial uses. ABB’s delivery is part of a two line expansion and plant modernisation project that will add produc... |
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